FxWirePro: Negative RBNZ news and lower oil prices weigh on the Kiwi, good to sell NZD/USD rallies

• Kiwi bears retained control amid negative RBNZ news and lower oil prices. 
   
• RBNZ conducted a probe last month on allegations that the surprise interest rate cut on March 10th was leaked ahead of its official release.
   
• Earlier today, the central bank confirmed the allegations, but said that there is “no evidence that the OCR leak gave rise to any financial market impact.” 
   
• NZD/USD slumped 0.87% to 0.6840, weakness continues to persist as markets digest the RBNZ news.
   
• Broad based USD strength also adds to the bearish pressure on the pair, with the USD index up +0.16% around 95 handle.
   
• US CPI and jobless claims data due today ahead of a slew of China economic releases due for release on Friday will be watched for impact on the pair.
   
• Immediate resistance and support are located at 0.6824 0.6868 (5-DMA) and (4H cloud).
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Recommendation: Good to sell rallies around 0.6850, SL: 0.69, TP: 0.6760/0.67